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Stock Market & Financial Investment News

News Breaks
December 5, 2012
12:12 EDTCSXAmtrak/CSX makes NY's high-speed rail system eligible for more funding
Governor Andrew M. Cuomo announced yesterday a long-term lease agreement between CSX Corporation and Amtrak, enabling Amtrak to take full control of the Hudson Line between Schenectady and Poughkeepsie. The contract, which took effect at 12:01 a.m. on Saturday, Dec. 1, ensures that passenger rail service has scheduling priority there and paves the way for four significant rail improvement projects totaling $181 million. The improvements will reduce congestion along the Empire Corridor from New York City to Niagara Falls and improve travel times and reliability for passengers and freight. Reference Link
News For CSX From The Last 14 Days
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March 31, 2015
12:11 EDTCSXRailroad sector downgraded to Market Underperform at Avondale
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March 26, 2015
09:31 EDTCSXCSX downgraded to Neutral from Buy at Cleveland Research
Cleveland Research downgraded CSX to Neutral due to a more cautious view of the rail industry given rising labor costs, lingering near-term service issues, and slowing oil and gas related carload growth.
March 23, 2015
13:13 EDTCSXRailroad operators trade lower after Kansas City Southern reduces FY15 guidance
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